[Al_U_Card]

While investigative journalism is not dead, is the spirit and righteous indignation of the american people?

http://www.pbs.org/m...2009/watch.html

[Winstonm]

Few seem willing to invest the time to understand the complexities of the actions, especially when they are not empowered to do anything about it.

[Al_U_Card]

Even though it is as simple as eliminating conflict of interest and revealing the truth.

The last president to take on the Federal Reserve and the bankers was JFK. Fortunately, Obama is a student of history and is seen as being on their side and Geithner was in with the thieves at the worst of it (NY FR).

Only public outrage and pressure will get anything done so.....good luck with that.

[jdonn]

I think America is more afraid that we seem to have another Winston.

[Al_U_Card]

That is precisely the attitude that they are counting on...

[jdonn]

Al_U_Card, on Apr 6 2009, 11:13 AM, said:

That is precisely the attitude that they are counting on...

Careful, if we let another one roam free then "they" would transport him aboard their ship and erase his memory...

[Al_U_Card]

Better than "blind" obedience. At least with no memory, one has an excuse for not having an idea about what happened.

[Al_U_Card]

I wonder how many of you enjoyed having your pockets picked to the tune of $5 billion for the "assist" to UBS? I guess their fine of $750 million (which went to the IMF and not back to your tax coffers...) was a nice return on investment....just not for you.

[jdonn]

Al_U_Card, on Apr 6 2009, 03:19 PM, said:

I wonder how many of you enjoyed having your pockets picked to the tune of $5 billion for the "assist" to UBS? I guess their fine of $750 million (which went to the IMF and not back to your tax coffers...) was a nice return on investment....just not for you.

I think I enjoyed it exactly as much as if it didn't happen, since I don't recall receiving a bill or a deduction from my bank account.

[Al_U_Card]

jdonn, on Apr 6 2009, 03:52 PM, said:

Al_U_Card, on Apr 6 2009, 03:19 PM, said:

I wonder how many of you enjoyed having your pockets picked to the tune of $5 billion for the "assist" to UBS?  I guess their fine of $750 million (which went to the IMF and not back to your tax coffers...) was a nice return on investment....just not for you.

I think I enjoyed it exactly as much as if it didn't happen, since I don't recall receiving a bill or a deduction from my bank account.

Being chronically short-sighted is almost as bad.

Paying the piper comes after the call (or put as options go...)

[Lobowolf]

Al_U_Card, on Apr 6 2009, 08:29 AM, said:

Even though it is as simple as eliminating conflict of interest

How would you do that?

[jdonn]

Al_U_Card, on Apr 6 2009, 05:35 PM, said:

jdonn, on Apr 6 2009, 03:52 PM, said:

Al_U_Card, on Apr 6 2009, 03:19 PM, said:

I wonder how many of you enjoyed having your pockets picked to the tune of $5 billion for the "assist" to UBS?  I guess their fine of $750 million (which went to the IMF and not back to your tax coffers...) was a nice return on investment....just not for you.

I think I enjoyed it exactly as much as if it didn't happen, since I don't recall receiving a bill or a deduction from my bank account.

Being chronically short-sighted is almost as bad.

Paying the piper comes after the call (or put as options go...)

As bad as what? I thought you were asking how many people enjoy that. Maybe when the piper comes I won't, but thus far I haven't noticed any difference to my personal finances and thus my enjoyment hasn't been affected. What about you?

[Al_U_Card]

Lobowolf, on Apr 6 2009, 05:57 PM, said:

Al_U_Card, on Apr 6 2009, 08:29 AM, said:

Even though it is as simple as eliminating conflict of interest

How would you do that?

You fire the CEO's and prosecute. You hire new guys and have them clean house.

[jdonn]

Al_U_Card, on Apr 6 2009, 06:14 PM, said:

Lobowolf, on Apr 6 2009, 05:57 PM, said:

Al_U_Card, on Apr 6 2009, 08:29 AM, said:

Even though it is as simple as eliminating conflict of interest

How would you do that?

You fire the CEO's and prosecute. You hire new guys and have them clean house.

Yes "eliminating conflicts of interest" is as easy as hiring new guys and "have them clean house." And if I ask how you do that, is the answer "streamline processes and eliminate inefficiencies"? I am reminded a lot of this guy right now.

[Al_U_Card]

jdonn, on Apr 6 2009, 06:12 PM, said:

Al_U_Card, on Apr 6 2009, 05:35 PM, said:

jdonn, on Apr 6 2009, 03:52 PM, said:

Al_U_Card, on Apr 6 2009, 03:19 PM, said:

I wonder how many of you enjoyed having your pockets picked to the tune of $5 billion for the "assist" to UBS?  I guess their fine of $750 million (which went to the IMF and not back to your tax coffers...) was a nice return on investment....just not for you.

I think I enjoyed it exactly as much as if it didn't happen, since I don't recall receiving a bill or a deduction from my bank account.

Being chronically short-sighted is almost as bad.

Paying the piper comes after the call (or put as options go...)

As bad as what? I thought you were asking how many people enjoy that. Maybe when the piper comes I won't, but thus far I haven't noticed any difference to my personal finances and thus my enjoyment hasn't been affected. What about you?

np Josh. What you don't know won't hurt you.

It just reminds me how foul the government gets when the special interests get out of hand as far as control is concerned. We keep paying every time. Just annoyed and wanting to raise awareness, in case.

[Winstonm]

These are extremely complex issues, and it takes a lot of time and interest mixed with a non-partisan desire to simply understand the truth to get to the bottom of the bailouts and the new PPIP Geithner has promoted. (I will suffice to say this - the entire point of the PPIP is to protect the bondholders at the expense of the U.S. taxpayer. I leave it to any interested party to dig up his own information.)

I also do not fault anyone for not having the time, interest, or zeal for digging into this mess.

It certainly is easier to simply say I trust my elected leaders to do the right thing. Perhaps you were not affected as much as was I by the Tonkin Gulf, JFK assassination, Watergate, Vietnam, etc. - but I no longer trust the SOBs.

[Al_U_Card]

jdonn, on Apr 6 2009, 06:46 PM, said:

Al_U_Card, on Apr 6 2009, 06:14 PM, said:

Lobowolf, on Apr 6 2009, 05:57 PM, said:

Al_U_Card, on Apr 6 2009, 08:29 AM, said:

Even though it is as simple as eliminating conflict of interest

How would you do that?

You fire the CEO's and prosecute. You hire new guys and have them clean house.

Yes "eliminating conflicts of interest" is as easy as hiring new guys and "have them clean house." And if I ask how you do that, is the answer "streamline processes and eliminate inefficiencies"? I am reminded a lot of this guy right now.

Not all institutions were involved in the CDS and the bogus mortgages. Give a smaller, clean, /ceo a substantial raise and watch him determine where the conflicts were and who profited by them.


Remember that the FBI fraud squad warned of the danger back in 2004. Did I mention that 400 of the 500 agent force was then transferred to DHS to fight the imminent "foreign" terrorist threat.

Forensic accounting anyone?

[Al_U_Card]

Winstonm, on Apr 6 2009, 07:02 PM, said:

These are extremely complex issues, and it takes a lot of time and interest mixed with a non-partisan desire to simply understand the truth to get to the bottom of the bailouts and the new PPIP Geithner has promoted. (I will suffice to say this - the entire point of the PPIP is to protect the bondholders at the expense of the U.S. taxpayer. I leave it to any interested party to dig up his own information.)

I also do not fault anyone for not having the time, interest, or zeal for digging into this mess.

It certainly is easier to simply say I trust my elected leaders to do the right thing. Perhaps you were not affected as much as was I by the Tonkin Gulf, JFK assassination, Watergate, Vietnam, etc. - but I no longer trust the SOBs.

Not so much a mess as a well-orchestrated criminal enterprise. Will the guilty please leave the comfort of their resort-style lives and fess-up? SURE THEY WILL...